India's Hindustan Copper shares slump on govt stake sale plan
MUMBAI Nov 22 (Reuters) - Shares of Hindustan Copper fell as much as 6.4 percent after the government said it would sell a 4 percent stake in India's third-largest copper producer on Friday.
Hindustan Copper shares were down 1.4 percent at 235.90 rupees as of 0352 GMT in volatile trading. (Reporting by Rafael Nam; Editing by Subhranshu Sahu)
- Tweet this
- Share this
- Digg this
- UPDATE 6-Obama warns on Crimea, orders sanctions over Russian moves in Ukraine
- Privacy groups ask regulators to halt Facebook's $19 billion WhatsApp deal
- RPT-With Crimean appeal, Putin goes head-to-head with West over Ukraine
- Exclusive - Pimco's Gross declares El-Erian is 'trying to undermine me'
- Singapore's megachurches move to export lucrative religion
Sahara’s investment programmes include schemes that are similar to a typical Indian bank’s fixed or recurring deposits. But the arrest of the company's chief Subrata Roy last week and the court case over an outlawed bond scheme are raising fears among some investors who worry they will not get their money back. Full Article